NOT LISTED FOR SALE

7923 Loucreta Dr Sacramento, CA 95828

Estimated Value: $447,000 - $488,000

4 Beds
2 Baths
1,636 Sq Ft
$287/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $449,000 $274 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,975/month

95 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring
  • 1 Car Garage

About This Home

As of May 2022

Investor Delight. Each unit has 2 bedroom 1 full bath. Both side are rented to long term tenants who want to stay. Conveniently located close to shopping, schools and freeway.

Last Agent to Sell the Property

Ramen Lal

Family Realty Group License #01494960 Listed on: 01/07/2022

Last Buyer's Agent

Ramonah Raye

Real Broker License #02034529

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,102

Year Built

  • Built in 1963

Lot Details

  • 9,331

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Electric Range
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • 9,331 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $1,656
  • Tenant pays for electricity
  • Assessor Parcel Number 051-0321-006-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Insurance Expense $1,863
  • Maintenance Expense $1,437
  • Professional Management Expense $1,496

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,102

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1963
  • Levels: One
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range
  • Flooring: Carpet, Tile, Laminate, Varies by Unit
  • Price Per Square Foot: 274.45

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: None
  • Foundation: Raised
  • Listing Price: 449000.00
  • Lot Features: Shape Regular
  • Property Condition: Varies by Unit
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Electric
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning Description: RD-10
  • Irrigation: None
  • Lot Size Acres: 0.2142
  • Lot Size Sq Ft: 9331.00

Rental Info

  • Tenant Pays: Electricity
  • Total Deposit: 1656
  • Lease Term: Month To Month
  • Total # Leasable: 2

Multi Family

  • Gross Income: 21240
  • Income Includes: Rent Only
  • Insurance Expense: 1863
  • Maintenance Expense: 1437
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Two Bedroom Annual Occupancy: 100
  • Two Bedrooms Occupied: 2

Tax Info

  • Assessor Parcel Number: 051-0321-006-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2002
Sold by
Panich Ronald G and Panich Karen
Bought by
Chand Richard and Chand Manjula
Current Estimated Value
$468,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,400
Outstanding Balance
$75,802
Interest Rate
6.12%
Estimated Equity
$385,775

Purchase Details

Closed on
Sep 13, 1998
Sold by
Meinzer Family Partnership
Bought by
Panich Ronald G and Panich Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
6.88%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chand Richard $199,000 Fidelity National Title Co
Panich Ronald G $63,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chand Richard $176,400
Previous Owner Panich Ronald G $50,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2022 05/11/22 Sold $449,000 0.0% $274 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
03/19/2022 03/19/22 For Sale $449,000 0.0% $274 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
01/27/2022 01/27/22 For Sale -- -- --
01/18/2022 01/18/22 Off Market $449,000 -- --
01/07/2022 01/07/22 For Sale $449,000 -- $274 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,102 $476,480 $127,344 $349,136
2024 $5,102 $467,139 $124,848 $342,291
2023 $4,971 $457,980 $122,400 $335,580
2022 $3,031 $272,937 $68,227 $204,710
2021 $2,997 $267,587 $66,890 $200,697
2020 $2,956 $264,845 $66,205 $198,640
2019 $2,902 $259,653 $64,907 $194,746
2018 $2,824 $254,563 $63,635 $190,928
2017 $2,775 $249,573 $62,388 $187,185
2016 $2,375 $220,266 $55,062 $165,204
2015 $2,162 $200,243 $50,057 $150,186
2014 $1,982 $183,709 $45,924 $137,785
Source: Public Records

Agents Affiliated with this Home

  • Ramen Lal

    Seller's Agent in 2022

    Ramen Lal

    Family Realty Group

    (916) 248-0265

    19 in this area

    70 Total Sales

    Ramen Lal
    Section Image
  • Ramonah Raye

    Buyer's Agent in 2022

    Ramonah Raye

    Real Broker

    (916) 200-9890

    1 in this area

    20 Total Sales

    Ramonah Raye
    Section Image
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Map

Source: MetroList

MLS Number: 222001765

MetroList

APN: 051-0321-006

California Sacramento County Sacramento 95828

7923 Loucreta Dr, Sacramento, CA

This home is located at 7923 Loucreta Dr, Sacramento, CA 95828 since 07 January 2022 and is currently estimated at $468,907, approximately $286 per square foot. This property was built in 1963. 7923 Loucreta Dr is a home located in Sacramento County with nearby schools including David Reese Elementary School, James Rutter Middle School, and Florin High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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